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30-Day Money-Back Guarantee

This course includes:

  • 6 hours on-demand video
  • 7 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
Finance & Accounting Finance Finance Fundamentals

Business Finance: A Complete Introduction

A primer in Business Accounting, Financial Ratio Analysis and Return on Investment Analysis
Rating: 4.5 out of 54.5 (146 ratings)
741 students
Created by Ray Harkins
Last updated 4/2018
English
English [Auto]
30-Day Money-Back Guarantee

What you'll learn

  • Understand and apply the basic business accounting concepts and practices such as the Fundamental Accounting Equation, the Revenue Recognition principle, Accrual Accounting, Equity, Liabilities, Assets and much more.
  • Understand and interpret the four main financial statements
  • Use financial ratios to compare a business's performance year-over-year or to other businesses
  • Calculate and apply the concepts of profitability, liquidity, solvency and efficiency to analyze a business's performance.
  • Estimate the key inputs of ROI analysis including future revenues, on-going expenses, initial investments, risk, changes net working capital, manufacturing overhead, and much more
  • Build a Net Present Value financial model to determine if a major investment is right for your organization
  • Financial modeling and analysis

Requirements

  • Basic math skills
  • Basic Microsoft Excel skills
  • General manufacturing and business knowledge helpful
  • Analytical approach to problem solving

Description

As its titles suggests, "Business Finance: A Complete Introduction" is the first course you need in understanding the financial activities and constraints of an organization.

The first section titled "The Basics of Business Accounting" lays the groundwork for understanding business finance. Accounting is called the "language of business", and in order to understand business finance, you must speak the language. This section explains the essential accounting terms and concepts such as assets, liabilities, equity, revenue recognition, accrual accounting and so much more. This course will also teach you how understand and interpret the Four Main Financial Statements of any business: the Balance Sheet, the Income Statement, the Cash Flow Statement and the Statement of Owners' Equity.

In section two titled "Financial Ratio Analysis", you will learn how to draw information from an organization's financial statements and use it to measure a company's performance in four key areas: Profitability, Liquidity, Solvency and Efficiency. You will then learn to use those calculations to make comparisons year over year and between companies. You can then use the included Excel templates to perform you own financial ratio analysis.

In the third and final section "Return on Investment" analysis, you will learn how to determine if a major capital purchase such as a new factory or piece of equipment will be financially beneficial to your organization. This class will teach you how to identify and estimate the key financial inputs for a Return on Investment financial model that we will build together in Excel. A complete ROI model will estimate all relevant costs and revenues over the life of a project, then convert those estimate into a single Net Present Value that accounts for risk and the time value of money.

Once you have completed this course, you will have a solid understanding of the fundamental concepts of business finance. With the purchase of this course, you will receive all the slides for your reference, all of the Excel templates used during the video, LIFETIME ACCESS to all of the material, and a 30-day money back guarantee,

Take you business knowledge to the next level today!

Who this course is for:

  • Business managers, supervisors, or group leaders.
  • Technicians, engineers and programmers looking to advance into a managerial role
  • Small business owners

Course content

5 sections • 65 lectures • 6h 6m total length

  • Preview08:02
  • Preview01:12

  • An Introduction to the Business Accounting section
    02:11
  • What to expect from this section
    02:09
  • The Economic Entity Principle
    04:01
  • An Introduction to Balance Sheets
    12:22
  • More Introduction to Balance Sheets
    01:52
  • The Fundamental Accounting Equation
    07:46
  • Preview03:17
  • More on Double Entry Bookkeeping
    10:08
  • Building a Balance Sheet
    09:30
  • Depreciation and Amortization
    07:11
  • Finalizing Assets on the Balance Sheet
    02:40
  • Current and Non-current Liabilities
    03:59
  • Owners' Equity
    14:05
  • Balance Sheets
    3 questions
  • Introduction to the Income Statement
    06:24
  • More Introduction to the Income Statement
    08:25
  • Building Out the Income Statement
    03:54
  • Finalizing the Income Statement
    09:09
  • Income Statements
    3 questions
  • Preview01:47
  • More Understanding of the Cash Flow Statement
    06:58
  • Building a Cash Flow Statement
    02:32
  • Operating Activities on the Cash Flow Statement
    05:13
  • Investing Activities on the Cash Flow Statement
    01:43
  • Financing Activities on the Cash Flow Statement
    04:10
  • Cash Flow Statements
    3 questions
  • The Statement of Owners' Equity
    10:36

  • Transition from Accounting to Financial Ratios
    02:20
  • Introduction to Financial Ratios
    04:37
  • A Simple Example
    05:34
  • Introduction to Profitability
    02:24
  • Formulas to Calculate Profitability
    08:28
  • Profitability Analysis using Excel
    07:43
  • Profitability
    1 question
  • Introduction to Liquidity
    01:56
  • Formulas to Calculate Liquidity
    07:13
  • Liquidity Analysis using Excel
    05:35
  • Liquidity
    1 question
  • Introduction to Solvency and Leverage
    02:57
  • Formulas to Calculate Solvency
    08:32
  • Leverage Analysis using Excel
    12:18
  • Solvency
    1 question
  • Introduction to Efficiency
    03:03
  • Formulas to Calculate Efficiency
    12:28
  • Efficiency Analysis Using Excel
    10:00
  • Operating Cycle Analysis using Excel
    05:43
  • Efficiency
    1 question

  • Transition from Ratio Analysis to Return on Investment Analysis
    04:29
  • Initial Investments
    05:53
  • Initial Investments in the Model
    03:33
  • Salvage Value Overview
    04:52
  • Salvage Value in the Model
    01:40
  • Sales Revenue
    05:13
  • Sales Revenue in the Model
    03:18
  • Direct Costs
    04:59
  • Direct Costs in the Model
    04:22
  • Manufacturing Overhead
    04:01
  • Preview04:52
  • Preview03:59
  • Overhead in the Model
    04:12
  • Gross Margin
    03:32
  • Cash Flows
    03:05
  • Change in Net Working capital
    11:03
  • Net Working Capital Requirements
    06:05
  • Summarizing Annual Cash Flows
    02:40
  • Cost of Capital
    12:43
  • Discounting Future Cash Flows
    05:43
  • Project NPV
    05:56
  • Interpretation of Results
    06:51

  • Conclusion of Course
    01:48

Instructor

Ray Harkins
Senior Manufacturing Professional, Career Coach
Ray Harkins
  • 4.5 Instructor Rating
  • 4,023 Reviews
  • 14,673 Students
  • 15 Courses

Ray Harkins is a senior manufacturing professional with over 25 years experience in manufacturing engineering, quality management, and business analysis.  During his career, he has toured hundreds of manufacturing facilities and worked with leading industry professionals throughout North America and Japan.  He is a senior member of the American Society of Quality, and holds their Quality Engineering, Quality Auditing and Calibration Technician certifications.  Ray has written extensively for national trade publications on the topics of quality engineering and career management.

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